新时达

STEP Electric (新时达) is a Chinese industrial automation company headquartered in Shanghai. It is best known for its motion control technology, elevator control systems, and industrial robot products. The company is listed on the Shenzhen Stock Exchange under the ticker 002527. Its core business spans industrial automation components, complete control systems, and robotics, serving sectors such as elevators, machine tools, and general manufacturing. The brand is positioned in the motion control segment of the industrial automation market, providing drives, controllers, and integrated solutions. While the company has a significant presence in China, its products and systems are used across various industrial applications. The official website is stepelectric.com.

STEP Electric was founded in China and grew to become a notable player in the industrial automation sector. The company focused on motion control technology, developing products such as elevator control systems, industrial robots, and related automation components. It established a presence in the Chinese market and later listed on the Shenzhen Stock Exchange. Over the years, STEP Electric expanded its product portfolio and applied its technologies in various industries, including elevators, machine tools, and general manufacturing. The company continues to operate as a publicly traded entity, with its headquarters in Shanghai.

• Company founded in China.

• Listed on the Shenzhen Stock Exchange under ticker 002527.

• Expanded into industrial robot and motion control solutions.

• Elevator Control Systems

  Integrated control systems for elevators, including controllers and drives.

• Industrial Robots

  Robotic systems for manufacturing and automation applications.

• Motion Control Products

  Servo drives, controllers, and related automation components.

• 2022

  Failure to Timely Disclose Major Developments Draws Regulatory Letter; Huge Goodwill Impairment

  STEP Electric recorded about 750 million yuan in goodwill impairment in 2022 and a loss of about 1 billion yuan that year; Titanium Media questioned its 600 million yuan equity in-and-out as "performance packaging." In June 2023 it received a regulatory letter from the Shenzhen Stock Exchange for failing to timely disclose major developments including the exit of an advanced manufacturing fund and the exercise of preemptive rights.

  Source

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• 2020.07

  Reported2020.07.20

  Shanghai Xinsida deputy general manager resigns[4]上海新时达副总经理辞职finance.sina.com.cn

  Shanghai Xinsida announced that deputy general manager Zhou Shuopeng resigned for personal career-development reasons; his resignation took effect when the report was delivered to the board, and he would hold no further positions at the company or its subsidiaries.

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1. 1Official Websitestepelectric.com
2. 2Failure to Timely Disclose Major Developments Draws Regulatory Letter; Huge Goodwill Impairmentstcn.com
3. 3Failure to Timely Disclose Major Developments Draws Regulatory Letter; Huge Goodwill Impairmenttmtpost.com
4. 4上海新时达副总经理辞职finance.sina.com.cn